Market Arrivals and Prices of Paddy in Major Markets of Telangana State
K. Solomon Raju Paul *
Cost of Cultivation Scheme, Agricultural College, Bapatla, Professor Jayashankar Telangana State Agricultural University, Andhra Pradesh, 522101, India.
G. P. Sunandini
Cost of Cultivation Scheme, Department of Agricultural Economics, College of Agriculture, Professor Jayashankar Telangana State Agricultural University, Hyderabad, Telangana-500030, India.
Shakuntala Devi Irugu
Cost of Cultivation Scheme, Regional Agricultural Research Station, Palem, Professor Jayashankar Telangana State Agricultural University, Nagarkurnool, Telangana-509215, India.
*Author to whom correspondence should be addressed.
Abstract
The study was conducted to investigate the price behaviour of paddy and the relationship between market arrivals and prices in Suryapeta and Tirumalagiri markets of Telangana. In view of this the present study was undertaken by collecting monthly wholesale prices and arrivals of paddy in both the markets of Telangana for a period of 5 years (2015 to 2019). The seasonal price index provides a measure of the month to month variation in paddy prices. The price indices were lowest in the month of November in suryapeta markets where as Tirumalagiri market in price indices were lowest in the month of December. The study concluded that there was an inverse relationship between market arrivals and the prices.
Keywords: Market, arrivals, prices, paddy, OLS technique, price behaviour, seasonal indices.